PPP Loan information for Rainbow enterprise, plc

$396,400

Rainbow enterprise, plc was initially approved for PPP Loan of amount $396,400, the current approved amount is $396,400. The loan was approved on 04/10/2020 by The Legends Bank reported 36 jobs and $396,400 was used to fund payroll.

Rainbow enterprise, plc is Existing or more than 2 years old

RAINBOW ENTERPRISE, PLC

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

RAINBOW ENTERPRISE, PLC

Borrower Address

111 otis smith rd

Borrower City

CLARKSVILLE

Borrower State

TN

Borrower Zip

37043-0857

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

396400.00

Current Approval Amount

396400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123233

Servicing Lender Name

Legends Bank

Servicing Lender Address

310 N First St

Servicing Lender City

Clarksville

Servicing Lender State

TN

Servicing Lender Zip

37040

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARKSVILLE

Project County Name

MONTGOMERY

Project State

TN

Project Zip

37043-0857

CD

TN-07

Jobs Reported

36

NAICS Code

621111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

396400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

123233

Originating Lender

Legends Bank

Originating Lender City

Clarksville

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

388612.54

Forgiveness Date

11/12/2020

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